COSO新框架COSOInternal Control–Integrated Framework.pptVIP

* * Updates are responsive to public comments (continued) Structure and Layout – Retain view that all chapters 1-10 comprise the Framework Due Process – COSO believes there has been a substantive due process effort to capture views on proposed update Surveyed stakeholders to ascertain preferences concerning nature and extent of needed updates; 700 responses (December 2010 to September 2011) Conducted eleven meetings with COSO Advisory Council Provided exposure drafts of proposed updates for public comments (December 2011 to March 2012, and September to December 2012) Participated in many conferences, webinars, and seminars with membership of COSO to seek views of stakeholders (January 2011 to January 2013) Illustrative Documents: Illustrative Tools for Assessing Effectiveness of a System of Internal Control Internal Control over External Financial Reporting: A Compendium of Approaches and Examples Illustrative Tools for Assessing Effectiveness of a System of Internal Control Assist users when assessing effectiveness of internal control based on the requirements set forth in the Framework Templates illustrate a possible summary of assessment results Scenarios illustrate practical examples of how the templates can be used to support an assessment and important considerations in performing an assessment Focus on evaluating components and relevant principles, not the underlying controls that affect relevant principles Cannot satisfy criteria established through laws, rules, regulations, or external standards for evaluating the severity of internal control deficiencies Can customize level and amount of detail included in the templates as management may deem necessary Internal Control over External Financial Reporting (ICEFR): A Compendium of Approaches and Examples Approaches and Examples illustrate how various characteristics of principles may be present and functioning within a system of internal control relating to external financial reporting Approaches are de